Beg Bal Cash $5,000 Acct Rec $1,000 Supplies Furniture Acct Pay Tom, Capital $3,000 $12,000 $2,000 $19,000 a b) C) d e) 1) B) h) 0 TOTAL During the month of March, 2020, the following activities took place: a) Purchased $500 of Supplies with cash from suppliers. b) Tom contributed $2,800 to the business bank account. c) Cash sales to customers were 55,000 for the month d) Tom withdrew $400 in cash from the business. e) The business collected $800 in receivables from its customers. 1) Purchased Furniture worth $2,000 on credit (Accounts Payable). B) On March 25, 2020, a customer requested a quote for a job worth $3,500. h) Paid $1,800 cash to our vendors (Accounts Payable). 1) The business incurred (and paid with cash) $3,100 in Miscellaneous Operating Expenses. Question #2) 6 Marks Based on your findings from Q#1, prepare an: - Income Statement; - Statement of Changes in Equity; and - Balance Sheet (aka Statement of Financial Position)